Top 10 best performing equity mutual funds for SIP
Experts believe that investing systematically via SIP is one of the best ways to invest in equity funds. In this article, we have listed the top 10 best performing funds for SIP.
The S&P BSE Sensex started the day on a negative note on February 28, 2022, then extended the losses in the first couple of hours before entering a consolidation phase and gaining momentum. The Sensex is now trading marginally higher. Volatility appears to have increased as well. The India VIX is up 7.33 per cent.
In the short term, the levels of 54,383 to 55,133 would serve as strong support, while the levels of 56,184 to 56,383 would serve as strong resistance. Broader market indices such as the S&P BSE Midcap index and the S&P BSE Smallcap index beat the S&P BSE Sensex on Friday but underperformed on a weekly basis.
However, it is always preferable to ignore the noise and invest in a more methodical approach. And nothing beats a Systematic Investment Plan (SIP) when it comes to investing methodically. SIP not only helps you stay calm but also helps you manage market risk more effectively. Furthermore, you are not required to risk all of your money at once.
The following are the top ten best performing equity funds for SIP.
|
SIP Returns (%)
|
3-Year
|
5-Year
|
10-Year
|
|
Nippon India Small Cap Fund
|
40.83
|
24.89
|
24.21
|
|
Kotak Small Cap Fund
|
42.87
|
26.68
|
21.58
|
|
SBI Small Cap Fund
|
33.04
|
22.46
|
24.25
|
|
DSP Small Cap Fund
|
35.25
|
20.87
|
20.82
|
|
SBI Magnum Midcap Fund
|
33.09
|
20.27
|
18.43
|
|
ICICI Prudential Smallcap Fund
|
35.54
|
21.84
|
16.75
|
|
Edelweiss Mid Cap Fund
|
30.15
|
19.83
|
19.44
|
|
HDFC Small Cap Fund
|
31.95
|
19.33
|
17.99
|
|
Kotak Emerging Equity Fund
|
29.14
|
19.68
|
19.72
|
|
Nippon India Growth Fund
|
29.68
|
19.92
|
17.21
|